FROM Darrell Steinberg
Where Is $9 Billion in Unused Bonds? Governor Brown says, "Caution is not really the right path" when it comes to creating jobs and stimulating the economy. He wants President Obama to invest in sewers, schools and roads, just as Franklin Roosevelt did during the Great Depression. LA Times columnist George Skelton says , "Brown can look right under his nose and find $9 billion for thousands of paychecks."
Letting Cities Raise Their Own Taxes California's $25 billion budget gap will be partly closed by $12 billion in spending cuts passed by the Assembly and Senate. Republicans have refused to allow a statewide vote on a $12 billion tax increase to make up the rest. Now the President Pro Tem of the State Senate, Democrat Darrell Steinberg, has introduced a plan to allow cities, counties and school districts to raise taxes on their own.
Will California Ever Get a Budget? This year's legislative session is about to come to an end, with the state budget two months overdue and likely to remain so. Governor Schwarzenegger has already said it may have to wait until his successor is sworn in next year.
$40 Billion Hole in State Budget Stays Empty California faces a $40 billion deficit over the next two years, but in a few weeks it will run out of money to pay for operating expenses. Governor Schwarzenegger says new taxes are needed, but Republicans in the legislature won't go along. Democrats have a majority, but not enough to provide the two-thirds vote required for new taxes. They have been negotiating with Schwarzenegger on an $18 billion stop-gap, but today talks broke down. We get an update and learn more about the "dysfunctionality" of California government.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.